The members of the group called BENKADI A are married women with an average age of 40 and four children on average, all living in polygamous families in FANIDIAMA, one of the villages of KADIOLO in the region of SIKASSO, third administrative region of Mali.

They collaborate with the microfinance institution Soro Yiriwaso so as to succeed with their agricultural activites during the rainy season.

They are on their eleventh loan with the institution, and the past loans have been correctly reimbursed. Djenebou Yacou, standing in the middle, grows peanuts. With her loan she intends to buy seeds and farm inputs for two hectares.

The produce is sold in the village and at the market of Sikasso, after the harvest, to a clientele composed of men and women. She expects to make a profit of 175,000 francs CFA during the growing season. This profit will allow her to repay her loan and also to help her husband with daily expenses.

Additional Information

Important Information

Soro Yiriwaso is a microfinance institution that works primarily in rural and semi-urban areas of Mali to provide underprivileged communities with access to financial services.The organization facilitates access for disadvantaged clients, particularly women, to new resources and services, fostering solidarity and cooperation among its clients. Kiva lenders’ funds will enable Soro Yiriwaso to expand its outreach and target even more underserved Malians involved in business and agriculture.

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.